Record beef prices squeeze U.S. shoppers as drought and deadly screwworm shrink herds

Record beef prices squeeze U.S. shoppers as drought and deadly screwworm shrink herds

Beef prices hit a fresh record, and hopes for consumer relief are fading as drought and the reemergence of a deadly cattle parasite keep the U.S. herd smaller for longer. U.S. consumers on average paid $7.064 for a pound of ground beef in May, slightly higher than the previous month but up 13% from a … Read more